GLAS Supports €5 Million Kortimed Mini-Bond

GLAS is pleased to announce its role in the successful completion of a €5 million mini-bond issuance by Kortimed, with CDP Cassa Depositi e Prestiti acting as sole lender.

GLAS acted as Calculation Agent, supporting the transaction alongside EQUITA and BPER Banca.

The financing will support Kortimed’s 2026–2028 business plan, with a particular focus on fleet renewal and the development of sustainable intermodal transport. The issuance also benefits from SACE’s “Strategic Importance” guarantee.

Calculation Agent services form part of GLAS’ broader corporate finance and capital markets offering, through which it supports issuers, investors and lenders across a wide range of financing structures. This deal reinforces GLAS’ presence as market leader in the Italian corporate finance market and represents another transaction under the newly formed GLAS Italy following the acquisition of Loan Agency Services.

About Kortimed

Kortimed is an Italian transport and logistics company focused on intermodal freight solutions. The company is investing in the renewal of its fleet and the expansion of sustainable transport capabilities as part of its 2026–2028 business plan.

About GLAS

Founded in 2011, GLAS is a leading independent global provider of debt administration services. As a non-lender and conflict-free firm, GLAS supports both private and public credit markets, distinguishing itself through its expertise, reliability and independence.

With over $850 billion of assets under administration, GLAS is headquartered in London and has an established international presence, with offices in the United States, France, Germany, Spain, Italy, the United Arab Emirates, Singapore, Hong Kong and Australia.

For further information, please contact: media@glas.agency.